Regulating Financial Markets: What Have We Learned from the Past?

Hersh Shefrin is the Mario L. Belotti Professor of Finance at the Leavey School of Business at Santa Clara University. He is the author of numerous articles and several books, including Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing. Professor Shefrin received the William F. Sharpe Award for Scholarship in Financial Research from the Journal of Financial and Quantitative Analysis for his article “Behavioral Portfolio Theory,” written with Meir Statman. He also received a Graham and Dodd Scroll Award from the Association for Investment Management and Research, the predecessor organization to CFA Institute, and an honorary doctorate from the University of Oulu in Finland. Professor Shefrin holds a BS from the University of Manitoba, a master’s degree in mathematics from the University of Waterloo, and a PhD from the London School of Economics.

Meir Statman is Glenn Klimek Professor of Finance at the Leavey School of Business at Santa Clara University. His widely published research focuses on behavioral finance and has been supported by the National Science Foundation, Research Foundation of AIMR, and Dean Witter Foundation. Professor Statman serves on the editorial board of the Financial Analysts Journal, which twice awarded him with the Graham and Dodd Award of Excellence. He holds a BA and an MBA from Hebrew University and a PhD from Columbia University.

This information is accurate as of the date of recording.